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Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
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Financing
Insights and analysis on the financing of the budget deficit.
Is the Pandemic the Sole Cause for the Depletion in Sri Lanka’s Foreign Reserves?
Sri Lanka’s usable foreign reserves fell from USD 7,642 MN in 2019 to USD 1,579 MN by the end of 2021. When compared with
From The PF Wire
Source:
Daily FT
Govt. gazettes Economic Transformation Bill
The Government has gazetted the Economic Transformation Bill which sets ambitious targets for the country’s economy for the next two and a half decades. ...
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Source:
Daily News
Foreign reserves fall to US$ 2.3bn despite swap, d...
Sri Lanka’s official external reserves fell to US$ 2.36 billion by the end of January 2022 from US$ 3.14 billion by the end of December 2021, as the government settled foreign currency loans and funded essentia...
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Source:
Sunday Times
Energy Ministry to borrow USD 1 bn to pay local lo...
The Government has decided to obtain a loan of USD 1 billion from international private lending agencies to set off interest payments for loans obtained from two state banks to purchase fuel.
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Insight on Financing
WHT and PAYE had the largest growth in Q...
The Fiscal Management Report 2024, recent...
Is Maldives going down Sri Lanka's path?...
Since 1983, Sri Lanka has faced the conti...
How did Sri Lanka Finance Government Exp...
Total government expenditure for the year...
Reallocation of Funds Can Help Finance a...
The infographic depicts the cost of an el...
Sri Lanka Experiences Its Highest Rate O...
The infographic...
Sri Lanka’s Fitch Credit Rating has been...
Sri Lanka’s...
Infrastructure Watch Dashboard: Research...
Sri Lanka Has The Highest Inflation Amon...
Sri Lanka, amidst...
Central Bank of Sri Lanka Six Month Road...
In October 2021, the Central Bank governor announced a six-month roa...
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Featured
IMF Article IV Report – Key Issues and Recommendat...
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on Febru...
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Sri Lanka met 25% of IMF commitments and failed 1...
Sri Lanka had met 25% of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of March 2023 but had failed on one, according to 'The IMF Tracker', a new online tool launched by Verit&ea...
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Sanitary Napkins: Subjected to Unreasonably High T...
The total tax burden on Sanitary napkins is 47.1%, this is significantly higher than the tax burden of selected non-essentials items, gold jewelry, raw silk, golf clubs and gol...
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